The core problems we see are that:
The sponsors have the perpetual, unlimited use of all contest entries. There is neither compensation for contest participants nor is there credit given for their work. Participants are required to sign a liability release and copyright assignment, and to indemnify Botega Veneta and Condé Nast against any lawsuits that may arise as a result of the usage of the photographs. Every entrant is required to waive any right to sue in the event of misuse of the photographs entered. The winner is being offered $10,000 for a shoot that would normally command several times that amount. The winner will be required to grant copyright ownership of all photographs from the shoot.